Nigeria’s FX Reserves Cross $50bn as Cardoso Reforms Reshape CBN
Nigeria’s FX Reserves Cross $50bn as Cardoso Reforms Reshape CBN By Akin Alade Nigeria’s foreign exchange position has undergone
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The Nation Scope
…for truth and posterity
The Nation Scope
…for truth and posterity
CBN
FG, CBN Institutionalise Economic Policy Coordination in Nigeria
FG, CBN Institutionalise Economic Policy Coordination in Nigeria Nigeria is taking steps to reduce policy inconsistencies and strengthen long-term
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Cardoso: Economic Brain Behind Tinubu’s Renewed Hope Reforms as Nigeria Enters New Growth Phase
Cardoso: Economic Brain Behind Tinubu’s Renewed Hope Reforms as Nigeria Enters New Growth Phase By Akin Alade When President Bola
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Court Sentences Four to Prison for Illegal Forex Transactions and Naira Trading
Court Sentences Four to Prison for Illegal Forex Transactions and Naira Trading A Nigerian court has convicted and sentenced
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Cash Outside Banks Falls by ₦486bn as CBN Cashless Policy Gains Momentum
Cash Outside Banks Falls by ₦486bn as CBN Cashless Policy Gains Momentum Nigeria recorded a significant decline in the
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Cardoso, Okonjo-Iweala to Headline Africa Emerging Markets Forum in Abuja
Cardoso, Okonjo-Iweala to Headline Africa Emerging Markets Forum in Abuja Governor of the Central Bank of Nigeria (CBN), Olayemi
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Oil Prices Surge as Middle East Tensions and Dangote Refinery FX Demand Reshape Nigeria’s Market
Oil Prices Surge as Middle East Tensions and Dangote Refinery FX Demand Reshape Nigeria’s Market Global oil prices rallied
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Stronger Banks Will Finance Nigeria’s Economic Growth, Cardoso Says
Stronger Banks Will Finance Nigeria’s Economic Growth, Cardoso Says The Governor of the Central Bank of Nigeria, Olayemi Cardoso,
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Nigeria’s External Reserves Hit $52 Billion as Net Reserves Exceed $40 Billion
Nigeria’s External Reserves Hit $52 Billion as Net Reserves Exceed $40 Billion Nigeria’s external reserves have climbed to $52
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Reps Demand Full Disclosure of CBN, NNPCL Unremitted Operating Surplus
Reps Demand Full Disclosure of CBN, NNPCL Unremitted Operating Surplus The House of Representatives has called for the full
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Banks Deposit N4.15 Trillion With CBN as Excess Liquidity Persists
Banks Deposit N4.15 Trillion With CBN as Excess Liquidity Persists Nigerian commercial banks deposited N4.15 trillion with the Central
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Nigerian Banks’ Borrowing from CBN Drops 96% to N2.33tn in H1 2026
Nigerian Banks’ Borrowing from CBN Drops 96% to N2.33tn in H1 2026 Nigerian banks significantly reduced their borrowing from
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Police Witness Alleges $6.23 Million Election Observer Fund Was Diverted in Emefiele Trial
Police Witness Alleges $6.23 Million Election Observer Fund Was Diverted in Emefiele Trial The trial of former Central Bank
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CBN Revokes Licences of 46 Microfinance Banks Over Regulatory Breaches
CBN Revokes Licences of 46 Microfinance Banks Over Regulatory Breaches ABUJA, Nigeria – The Central Bank of Nigeria (CBN)
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Bank Recapitalisation Exposes Hidden Wealth, Worsens Inequality in Nigeria
Bank Recapitalisation Exposes Hidden Wealth, Worsens Inequality in Nigeria Nigeria’s ongoing bank recapitalisation exercise has brought to light significant hidden
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NDIC Advances Final Phase in Closure of 89 Failed Microfinance, Mortgage Banks
The Nigeria Deposit Insurance Corporation (NDIC) has commenced the final phase of liquidating 89 failed microfinance and primary mortgage banks
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CBN Targets $1bn Monthly Diaspora Remittances by 2026
CBN Targets $1bn Monthly Diaspora Remittances by 2026 The Central Bank of Nigeria (CBN) has set an ambitious target of
Read MoreCBN Cuts Net Loans by N4.1tn, Recovers N253bn Intervention Funds Amid Tightening Reforms
The Central Bank of Nigeria (CBN) recorded a sharp reduction of N4.145 trillion in net loans and receivables in 2024,
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Senate Confirms Professor Melvin Ayogu as CBN Board Member
The Senate on Tuesday confirmed the nomination of Professor Melvin Damian Ayogu as a member of the Board of Directors
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FG engages CBN, banks on road construction
As part of the public-private partnership initiative, the Federal Government on Tuesday engaged the Central Bank of Nigeria (CBN)
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Reps demand records on CBN revenues, capital projects
The House of Representatives on Thursday unveiled plans to investigate all the revenues accruing into coffers of Central Bank of
Read MoreMonetary Policy Committee Of CBN Retains MPR at 13.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Friday raised the Cash Reserves Ratio
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